Nsoatreman FC has been dissolved, according to the club’s Communications Director, Gyempeh Kofi Joel. In a statement released on Friday, March 14, the former FA Cup champions announced their withdrawal from the ongoing 2024/25 Ghana Premier League season due to safety concerns. The decision comes after the team narrowly escaped an attack by unidentified assailants while travelling for their Matchday 24 fixture against FC Samartex last Monday. Speaking in an interview with Sporty FM, Kofi Joel confirmed that the club’s leadership opted to dissolve the team, citing the inability to guarantee the safety of players and staff. “Nsoatreman FC has…
Author: nkqwezi
The price of opium in Afghanistan surged to $750 per kilogram in 2024, marking a tenfold increase compared to just two years earlier, according to a report released by the United Nations Office on Drugs and Crime (UNODC) on Wednesday, March 12. The dramatic price spike follows the Taliban government’s 2022 ban on poppy cultivation and the subsequent large-scale destruction of opium crops. While the crackdown has led to a significant drop in production, the UN report highlights how drug traffickers are capitalizing on the scarcity, reaping substantial profits from the soaring prices. Despite the sharp decline in new production,…
Amid economic uncertainties and rising financial stress, Ghanaians are shifting their focus towards savings and long-term financial security. The 2024 Old Mutual Financial Services Monitor has revealed a significant decline in the number of people dipping into their savings to cover shortfalls, signaling a growing emphasis on financial discipline. According to the report, only 18% of working Ghanaians used their savings to make ends meet in 2024, a sharp decline from 61% in 2023. This change suggests that more individuals are prioritizing savings preservation and seeking alternative ways to manage financial pressures. The report also highlights the continued popularity of…
Spotify paid the music industry $10bn (£7.7bn) in 2024, which the streaming service said was the highest annual payment from any single retailer in history. But the figures come as a heated debate continues about how much money artists and songwriters receive in royalties. Earlier this year, several Grammy-nominated songwriters boycotted an awards event hosted by Spotify in a row about their streaming earnings. As the new figures were published, a spokesperson for Spotify said the responsibility for distributing the money it pays lay with record labels and publishers. The company said it pays royalties to rights holders, adding that…
Jean Mensa, Chairperson of the Electoral Commission (EC), has proposed the adoption of a “simplified” e-voting system as a solution to the persistent issue of invalid or rejected ballots in African elections. She explained that using a direct recording device where voters select their preferred candidate or party logo on a screen would eliminate the traditional thumb-printing method, which often leads to errors. Her proposal follows concerns over the excessive waste of ballot papers in Ghana’s general elections. According to an audit by the Electoral Commission, between 1992 and 2020, one to three per cent of votes in Ghana’s national…
A group of National Democratic Congress (NDC) taskforce members in the Ashanti Region on Wednesday, March 12, 2025, assembled at the party’s regional office, seeking job placements as a reward for their contributions to the party’s success in the 2024 general elections. Seidu Isshaku, the Ashanti Regional NDC Taskforce Coordinator, said they were promised job placements and, as such, will not back down until their demands are met and the promises fulfilled. “We have been neglected after Mr. Mahama promised to offer us jobs. He informed us not to leave the voting centers until he was declared the winner. “We…
The Finance Minister, Dr Cassiel Ato Forson has laid before Parliament the Electronic Transfer Levy (Repeal) Bill 2025, the Emissions Levy (Repeal) Bill 2025 and the Income Tax Amendment Bill 2025. The financial bills seek to abolish the E-levy, the emissions levy, and to remove the 10 percent withholding tax on bet winnings as disclosed by the Finance Minister during the presentation of the 2025 Budget. The First Deputy Speaker, Bernard Ahiafor referred the bills to the Finance Committee for consideration and report to the house.
Ghana head coach Otto Addo has acknowledged that securing victories will be crucial for the Black Stars as they push for a spot at the 2026 FIFA World Cup in the USA, Canada, and Mexico. The four-time African champions are set to regroup later this month for their next two qualifiers, facing Chad and Madagascar on Matchday five and six games of the campaign. Following a disappointing run in the 2025 Africa Cup of Nations (AFCON) qualifiers without a single win, Addo visited the GA Mantse on Wednesday, March 12, to seek support, emphasizing the need for positive results to…
A powerful rainstorm that lasted for 30 minutes on Wednesday, March 12, wreaked havoc at the Northern School of Business (NOBISCO) in Tamale, severely damaging the girls’ dormitory and leaving over 1,000 students displaced. The storm, which was accompanied by strong winds and minimal rainfall, ripped off parts of the dormitory roof, leaving students exposed to the elements. Many lost their personal belongings to the rain, worsening the already dire situation. With the dormitories already struggling with overcrowding, the destruction has forced students to relocate to unaffected rooms, further worsening congestion. Channel One TV understand that students were left with…
The High Court (Human Rights Division) has quashed the Bank of Ghana’s (BoG) revocation of the operating licence of Ideal Finance Limited. The ruling, which was delivered on Monday, March 10, marks a major victory for the defunct financial institution in its legal battle against the central bank. The court ruled that the Bank of Ghana failed to exhaust the proper procedures required for the revocation of Ideal Finance’s licence. The BoG had revoked Ideal Finance’s licence as part of its financial sector cleanup exercise, citing insolvency and poor governance structures. However, the court ruled that the revocation was unjustified,…